Form 5500: final rule on e-filing and proposed improvements.

• Position: DOL News

The U.S. Department of Labor's Employee Benefits Security Administration announced a final regulation requiring plans to file Form 5500 annual reports electronically, effective for plan years starting on or after Jan. 1, 2008.

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Simultaneously, EBSA, the IRS and Pension Benefit Guaranty Corporation proposed changes to Form 5500, including increased transparency of plan-related fees and expenses and improved information on the funding of defined benefit plans.

Written...